MPW Economics Discussion Board

Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.

Monday, 5 January 2009

GM’s 2008 U.S. Sales Dive to 49-Year Low on Recession

4 comments:

econinfohunter said...: this is catastrophic for US manufacturing. If the US government stimulus packages dont begin to change things the recession will turn into a depression with vast unemployment as a consequence - manufacturing cannot live without orders for much longer.; 6 January 2009 at 23:10
Aaron 施 said...: the sales are so bad this year and will be even worse this yeat2009 Aaron think
it’s not a credit problem. It’s a consumer confidence problem, and it’s worldwide; 7 January 2009 at 19:11
Justintime said...: It is a disaster indeed. How can US loses GM and other major car manufacturing companies, the other giant car manufacturers from other countries like toyota will take big market share from US if the bankruptcy happens.; 7 January 2009 at 19:36
Anonymous said...: GM was one of the biggest manufacturing multinational company in US and its collapse clearly reflects the effect of world financial crisis.
-Alex; 7 January 2009 at 21:46

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